Politics Economy Country 2026-03-04T02:11:28+00:00

Bank of Russia Challenges EU Asset Freeze in Court

Russia's central bank sues the EU in court over the freezing of its assets, citing violations of international law.


Bank of Russia Challenges EU Asset Freeze in Court

The Bank of Russia has filed a lawsuit with the General Court of the European Union in Luxembourg, challenging the EU's decision to freeze the bank's assets over European sanctions against Russia due to the war in Ukraine. According to a statement from the Russian Central Bank, the lawsuit targets the Council of the European Union's decision issued on December 12, 2025. The statement asserts that «the EU's decision violates the fundamental and inalienable rights to access to justice, the inviolability of property, and the principle of sovereign immunity of states and their central banks guaranteed by international law».